Paya Terubong · Subsale Market
Eco Terraces Subsale — Paya Terubong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Eco Terraces is a completed freehold condominium in Paya Terubong, Penang, completed in 2019 by Eco World Development. It has 333 units. Subsale asking prices start from roughly RM 590K.
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-09.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,139–2,095 | RM590,000 | ~RM518 |
Zac’s Take
Zac Ong
Eco World does not build much in Penang, and this is the one worth knowing about — 333 units on the Paya Terubong slope, freehold, handed over in 2019, with layouts from 1,095 up to 2,008 sqft. RM850 psf is about where Paya Terubong sits, so you are paying the going rate rather than a premium or a discount, and the argument for it rests on the build and a facilities deck that runs to a treetop walk, sky garden, jogging track and two pools. At RM900,000 the entry price is under Penang's foreign-ownership floor of RM1,000,000, which keeps the lower layouts a domestic and PR purchase. Two things to do before committing: drive the hillside access road into Paya Terubong at 8am and see how you feel about it, and get the land use classification confirmed, because that is one of the blanks in my record. Good fit for an own-stay family wanting a newer freehold building under a million who accepts the commute. Not for anyone who needs to be in George Town in fifteen minutes, or an investor after a compact high-yield unit.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Eco Terraces subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Paya Terubong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Eco Terraces.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Eco Terraces is priced within Paya Terubong
At roughly RM518 psf, Eco Terraces sits mid-band for Paya Terubong (RM320–621 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
Building age
7 years
Completed 2019
This band is derived from the 3 tracked condo projects we hold PSF data for in Paya Terubong — indicative only, not a published transaction range. Compare against the Penang Price Index for areas with fuller benchmark data. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Eco Terraces pre-purchase checklist
- 1.Remaining lease (if leasehold) — Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables — Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Eco Terraces price 2026
What Eco Terraces trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM590,000 – RM1.1M |
| Built-up | 1,139 – 2,095 sqft |
| Completed | 2019 |
| Units | 333 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 listings about RM590,000–1.1M; 1,366 sq ft homes around RM740,000–838,000 and 2,008 sq ft homes around RM925,000.
The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Eco Terraces for sale & for rent
Looking to buy or rent a unit in Eco Terraces? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Eco Terraces key facts
- Developer
- Eco World Development
- Area
- Paya Terubong, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2019
- Total units
- 333
- Price from
- RM 590K
Paya Terubong — area snapshot
Full area guide →Price range
RM 200K – RM 1.5M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
1
completed projects
Total tracked
4
properties in this area
Other projects in Paya Terubong
Other projects in Paya Terubong
All 3 others we track here, cheapest first — 1 of them still selling.
- The SkylineRM200K
- The DewRM320K
- Terubong AvenueRM1.46M
Eco Terraces subsale — common questions
What is the price of Eco Terraces?
2026 listings about RM590,000–1.1M; 1,366 sq ft homes around RM740,000–838,000 and 2,008 sq ft homes around RM925,000.
Is Eco Terraces freehold or leasehold?
Eco Terraces is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Eco Terraces?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Eco Terraces completed?
Eco Terraces was completed in 2019 by Eco World Development, so homes here are bought from existing owners.
How big are the homes at Eco Terraces?
Homes range from about 1,139 to 2,095 sq ft. There are 333 homes in total.
More on the neighbourhood:
Paya Terubong area guide — schools, transport, PSF, lifestyle scorecard →